IronFX Reviews

IronFX is an online, multi-asset broker best known for forex trading. Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. IronFX was set up in 2010 by a team of finance and software experts. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. The brokerage operates through four entities: Notesco Financial Services Ltd – regulated by the CySEC Notesco UK Limited – regulated by the FCA Notesco (SA) Pty Ltd – regulated by the FSCA Notesco Limited – registered in BMA / Bermuda. IronFX gives clients access to trading contracts for difference (CFDs) on a wide range of asset classes including forex, commodities, spot metals, spot indices, futures and shares. The online broker is highly valued for providing cutting-edge technological innovation on trading platforms and trading tools. Advantages of trading with IronFX include round-the-clock communication with a multilingual support TEAM on weekdays and a wide range of trading assets. Regulatory approval is crucial for you, as IronFX is a regulated broker holding licenses from authorities such as CySEC, FCA, ASIC, and FSCA. You are interested in a wide range of trading instruments, including over 200 Forex pairs, metals, indices, commodities, futures, shares, and cryptocurrencies. IronFX provides access to these assets on various platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, and the IronFX mobile app.

IronFX, founded in 2010, offers a range of forex and CFD trading options. It provides essential trading tools and a variety of tradeable instruments but does not stand out significantly from its competitors. The minimum deposit is $50. IronFX supports social copy trading via its proprietary TradeCopier platform, enabling less experienced traders to mimic the trades of seasoned professionals. It offers the widely-used MetaTrader 4 platform. However, it does not offer MetaTrader 5, limiting options for those who prefer the newer platform. The EUR/USD spread is 1.2, which is higher than the industry average of 1.08. IronFX is regulated by ASIC, MiFID, and the FCA, enhancing its credibility. It holds a "Trusted" rating with a trust score of 83, indicating a reliable level of trustworthiness in the industry. IronFX is a reasonable choice for beginners. It offers beginner education videos and general education on forex and CFDs. However, it lacks advanced education resources. The account currency can be USD, GBP, EUR, CHF, JPY, CAD, AUD. IronFX primarily makes its money from dealing spreads, although additional fees might apply depending on the asset and type of account chosen. IronFX offers countless Forex Trading opportunities with 80+ currency pairs, Including Major, Minor and Exotic or trade a multitude of Commodities, Metals Indices, Shares and Futures.

IronFX supports a variety of payment methods for account funding. Accepted base currencies include USD, EUR, GBP, AUD, JPY, BTC, PLN, and CZK. The different payment methods include:

• Local transfer solutions
• Bank wire transfer
• Major credit cards
• Online payment methods such as Skrill, Neteller, and WebMoney

Please note, trading involves a high risk of losing money due to leverage. It's important to understand how CFDs work and whether one can afford to take the high risk of losing money before deciding on trading on margin products. Margin products may not be suitable for everyone. It is advised to seek independent financial advice, if necessary. Please consider IronFX's Risk Disclosure. IronFX is a trade name of Notesco UK Limited, which is authorized and regulated by the Financial Conduct Authority (FCA no. 585561).